No need to sign a 90-day-plus listing

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

DEAR BOB: With home-sale market conditions such as they are and the extended market times needed to sell a correctly priced residence, do you still believe a 90-day listing is in the best interest of either the seller or the Realtor? With the absorption rate in the six- to eight-month range, do you think it would justify spending marketing dollars on properties that statistically have no chance of selling? --Jack McC. DEAR JACK: You sound like a Realtor. But I hope you are not just an average Realtor who might take six months to sell a home in a slow market. Days on the market for sale are just averages. Purchase Bob Bruss reports online. Many correctly priced, aggressively marketed houses and condos sell in 30 to 60 days. Of course, if the seller insists on getting last year's price for his or her home today, it will take many months or the home might not sell at all. The key reason for recommending a 90-day listing is to protect the home seller from getting stuck with...